STAGFLATION? The Fed could never raise rates to 20% or endure a similar recession to curb inflation this time.
#STAGFLATION ? 1/ 1969, Nixon followed Johnson, who had spent generously on the “Great Society” & the Vietnam War 2017, Trump followed Obama, who had spent generously: “American Recovery on Reinvestment Act,” Troubled Assets Relief Program, O’Care & many military conflicts 1A/ (The money creation and spending of the 1960s WAS THE INFLATION of … Read more